Are whales going on a buying spree at high levels— is Bitcoin honey or poison?
Last week, amid rumors that MicroStrategy was cutting back on holdings to repay debts, it went on a storm of buying—spending $2.01 billion to scoop up 24,869 BTC. The purchase amount then surged by 44 times. The move directly dispelled the rumors, pushing its total holdings up to 843,738 BTC, with total costs nearing $63.87 billion, and an average holding cost of about $75,700.
This time, the big player forcibly boarded at a high of $80,985, immediately triggering a split market. Some praised it as a ruthless long,
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